There are many different types of bets that can be made in horse racing. Some of the bets are very complex. Others can be very expensive. It is helpful for some people to have access to a tool that can help determine the cost of a betting ticket. You should probably be using a horse racing betting calculator if you are actively making large wagers at an online horse betting site.
What is a Horse Betting Calculator?
There is no download required to use a betting calculator for horse racing. These calculators run in your web browser. You can typically access them on a computer, phone, or tablet. For those who like to play the horses the UK there is a horse betting calculator app for Android devices available in Google Play.
How to Use a Horse Betting Calculator
Using one of these handy horse racing betting tools is very handy and simple. Even those who have had no prior experience using a betting calculator will be able to master the process in a very short period of time.
The bettor begins by choosing the type of bet that they wish to calculate. This can be almost any type of bet. You will notice that most horse racing betting calculators do not offer options for calculating very simple wagers like an exacta box. These tools are for finding the cost of the most exotic wagers. There are some types of bets in the UK that require the punter to make more than 200 individual bets!
The next step is to choose the number of horses or the number of individual bets that will be used. Finally, the bettor inputs the amount of money that will be used for the based wager. A final click then reveals the total cost of the bet that is being made.
Why Use a Horse Betting Calculator?
There can be several reasons for using a horse racing betting calculator. Each bettor has their own reasons for finding these tools advantageous. Here is a list of the most commonly referenced benefits.
Convenience is usually the biggest factor. The bettor wants to be able to make their horse racing bet without spending hours in laborious calculations that drain all the fun out of handicapping. No one really enjoys the type of math that is involved in calculating horse racing bets. Well, no one except a nerdy mathematician.
Accuracy is another advantage. It is very easy to make a mistake when calculating a large horse racing bet. The bettor may forget to include certain horses, or they may put in the wrong type of bets that need to be made. Accuracy in horse racing betting is probably a larger concern in the UK where the betting menu is full of exotic wagers.
Efficiency is something many horse bettors appreciate. These horse racing betting calculators are tools which allow the betting ticket to be made in a matter of minutes. Those who handicap horses seriously know that time is a precious commodity. There never seems to be enough time to handicap all the races on a single card, much less calculate the cost of tickets.
We recommend that you consider using a horse racing betting calculator if you are betting large tickets. We also suggest that you play the horses online with one of our recommended online racebooks. You can receive free bonus money and more privileges when you sign up today. Check our Bovada racebook review, Twinspires review or even our Betamerica review. All great choice if you are in the US. 5Dimes review for folks anywhere!
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Norma Pauline George
If I bet to show on horse winning second place – I bet $10.00…show pays 2.80
Show winnings is 2.80. How much will I WIN?
admin
Winnings = Wager x Show Payout
Winnings = $10.00 x 2.80
Winnings = $28.00
Profit would be $28-$10 = $18